ASX Share Ideas
Is The US Fed About To Cut Interest Rates?
There is a strong possibility that the US Federal Reserve may decide to cut interest rates this month or next month.
July 11, 2019
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
There is a strong possibility that the US Federal Reserve may decide to cut interest rates this month or next month.
The share price of Netwealth Group Ltd (ASX:NWL) will be on watch today after revealing it had a record year in FY19.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.45% on Wednesday.
Monash IVF Group Ltd (ASX:MVF) has announced an acquisition to the market to grow its profit.
Evolution Mining Limited (ASX:EVN) released its FY19 operating results and FY20 guidance today.
The A2 Milk Company Ltd (ASX:A2M) share price went up 8% today as shareholders got a boost.
National Australia Bank Ltd (ASX:NAB) is has more legal problems as it faces a class action.
The Alliance Aviation Services Ltd (ASX:AQZ) share price is up almost 6% after announcing further aircraft purchases.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.76% at lunch.
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